Thank you for the post.
As I have said, forget the banks, go with brokerage accounts. If I don't already have Schwab One International, Fido and Vanguard, I will open an account with Interactive Brokers.
What are you waiting for...You will be given an ABA and an account number, just like having a bank account . You can use that to set up and receive pension, SSA etc. Idle cash ( I'm not talking about investments) over 10k gets 1.9% interest which is very good, I am getting 2.3% at Vanguard in Federal Money Market, even better.